Oil major BP has awarded a contract extension to Stena Drilling for the use of the Stena IceMAX drillship. Stena Drilling said Tuesday that, under the extension, the rig would move to the U.S. Gulf of Mexico, in direct continuation of the initial one-well…
Norwegian offshore engineering and construction company Aker Solutions has signed a firm contract with oil firm OKEA for the electrification of OKEA's Draugen platform in the Norwegian Sea, offshore Norway.The Draugen oil field sits in about 250 meters of water…
Offshore engineering company DORIS has secured a contract with the Spanish oil firm Repsol for subsea engineering work for a project offshore Mexico.DORIS said Tuesday that the contract was for the execution of concept engineering of the Subsea Production System (SPS) and Subsea Umbilical…
Offshore wind turbine maker Siemens Gamesa and South Korea's Doosan Enerbility, formerly known as Doosan Heavy Industries, have signed an agreement to collaborate on offshore wind projects in South Korea.Siemens Gamesa offshore wind business…
Offshore services firm James Fisher and Sons has appointed Neil Sims as its new Head of Energy. Sims will report to Chief Executive Officer, Jean Vernet, as part of the James Fisher executive team.Sims joins James Fisher from Expro, where he…
Oil and gas company Longboat Energy said Tuesday it was 'exploring opportunities to broaden its strategic remit.'The company, which owns stakes in several offshore oil and gas blocks in Norway, said it was responding to 'recent market speculation…
Offshore seismic survey firm PXGEO said Wednesday it had secured work with oil major Shell.The company said it had secured a vessel commitment from Shell to provide 12 months of high-end marine towed streamer seismic acquisition services.PXGEO will be providing the services over a two-year period…
Golar LNG agreed to acquire New Fortress Energy's (NFE) ownership stake in FLNG Hilli in exchange for Golar's remaining 4.1 million shares in NFE and $100 million in cash.Golar will also take over approximately $323 million in debt obligations linked to Hilli…
BW Ideol, a company building concrete foundation for floating wind industry, said Monday that its 5-year-old Floatgen demonstrator continued strong operations, showing a capacity factor of nearly 60% over the last three months and a production of 25GWh since its 2018 commissioning…
NOV's Marine and Construction business unit has come up with a 'new and flexible' Modular Service and Operations Vessel (MSOV) concept to 'optimize offshore wind farm operations and maintenance.' NOV says the vessel's features resemble those of a sea otter…
Norwegian subsea services company Reach Subsea said Monday it had won a 6-month firm contract from a 'major renewable energy company' for delivery of offshore wind-related services. 'In order to be able to serve this contract, Reach increases…
Trinidad and Tobago's energy minister met Venezuelan officials on Monday, according to Venezuela's state media, the first high-level visit since the United States last month greenlighted the joint development of a key offshore gas project. The…
Brazilian President Luiz Inacio Lula da Silva said on Monday his government would promote recovery in the country's shipbuilding and oil and gas sectors, with more investment from state-run oil firm Petrobras SA and development bank BNDES. 'Petrobras…
BP on Tuesday reported a record profit of $28 billion for 2022, lifted by the surge in energy prices since Russia's invasion of Ukraine, while boosting its dividend in a sign of confidence as it scaled back plans to reduce oil and gas output by 2030…
Reuters Events has officially launched their flagship offshore wind event, US Offshore Wind 2023 (USOW23) being held in the Hynes Convention Center, Boston, July 11-12, 2023.The event will unite more than 1000 offshore wind developers, utilities…
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